Did you look at how Progress software (PRGS) performed internationally during the quarter ending on May 2025? Given the widespread global presence of this business software maker, investigating trends in international income is essential for assessing financial resilience and prospects for growth.
In the modern, meticulous global economic landscape, the capacity of a company to gain access to foreign markets is often an important determining factor for its financial well -being and growth path. Investors now attach great importance in understanding the size of the dependence on a company of international markets, because it sets light on the profit -stability of the company, his skill in the use of various economic cycles and the broad growth potential.
Being present at international markets serves as a counterbalance to domestic economic challenges and offers opportunities to enter into faster evolving economies. However, this type of diversification introduces challenges such as currency fluctuations, geopolitical uncertainties and varying market trends.
While analyzing the performance of PRGs for the last quarter, we found some intriguing trends in income from his overseas segments that analysts of Wall Street usually model and monitor.
In the recent quarter, the total turnover of the company reached $ 237.35 million, which marked an improvement of 35.6% compared to last year’s quarter. We will then investigate the demolition of the income of PRGs from abroad to understand the meaning of his international presence.
During the quarter, Latin -America contributed $ 5.05 million in sales, resulting in 2.13% of the total turnover. In comparison with the consensus estimate of $ 5.05 million, this meant a surprise of +0.04%. Looking back, Latin -America wore $ 5.05 million or 2.12%in the previous quarter and $ 4.6 million, or 2.63%, in the same quarter of the previous year.
Of the total turnover, $ 66.94 million came from Europe, Central East and Africa during the last tax quarter, good for 28.20%. This was a surprise of -0.04%, because analysts expected the region to contribute $ 66.97 million to the total turnover. For comparison: the region contributed $ 66.94 million, or 28.13%and $ 57.54 million, or 32.86%respectively to the total turnover in the previous one and a year ago.
Asia Pacific generated $ 11.37 million in income for the company in the last quarter and formed 4.79% of the total. This represented a surprise of -0.05% compared to the $ 11.38 million projected by Wall Street analysts. For comparison: In the previous quarter, Asia Pacific accounted for $ 11.37 million (4.78%) and in the quarter of a year ago it contributed $ 10.04 million (5.73%) to the total turnover.
For the current tax quarter, Wall Street analysts are expected to report a total turnover of $ 240.35 million by Wall Street analysts, which reflects an increase of 34.5% of the same quarter in the previous year. The turnover contributions are expected to be 2% of Latin -America ($ 4.9 million), 30.7% from Europe, Central East and Africa ($ 73.68 million) and 5.1% from Asia -Pacific ($ 12.24 million).
For the entire year, the company is expected to achieve a total turnover of $ 965.22 million, which means an increase of 28.1% compared to the past year. The share of this income from different regions is expected to be: Latin -America at 2.1% ($ 19.92 million), Europe, Central East and Africa with 30.1% ($ 290.72 million) and Asia -Pacific with 5% ($ 48.56 million).
Trusting in international markets for income, Progress software is confronted with both prospects and dangers. Following the international entry trends of the company is therefore essential for accurately projecting its future process.
In a era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay sharp attention to these developments to refine their profit estimates for companies that are active across borders. However, it is important to note that a series of extra variables, such as the local market status of a company, also play a crucial role in shaping these predictions.
Here at Zacks we have placed a lot of emphasis on the changing profit prospects of a company, because empirical research has shown that this is a powerful force that stimulates the price performance of a share in the short term. Of course the correlation here is positive – an upward revision of the profit estimates drives the share price higher.
The Zacks rang, our own stock assessment mechanism, shows a remarkable performance history confirmed by external audits. It makes effective use of the power of Winstrevisions to act in the short term as a predictor of the price performance of a share.
Progress software, with a Zacks Rank #3 (Hold), is expected to reflect the movements of the wider market in the short term. You can see the full list of the Rank #1 (strong purchase) shares of today >>>>>
During the previous four weeks, the value of the share decreased by 15.2%, against an increase of 5.2% in the Zacks S&P 500 composite. At the same time, the Zacks computer and technology sector, which counts progress software to its entities, appreciated 7.9%. In the past three months, the shares of the company have seen a decrease of 5.6% compared to the rise in the S&P 500 of the S&P 500. The sector has generally witnessed an increase of 37.5% in the same period.
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This article was originally published about Zacks Investment Research (Zacks.com).
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